Plan Ledger DOL Form 5500 · updated monthly

Jarmoc Tobacco LLC401(k)

JARMOC TOBACCO 401(K) PLAN · SOMERS, CT · plan year 2024

Reported admin expense ratio · 2024
1.24%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Jarmoc Tobacco LLC reported $6,416 in plan administrative expenses for 2024: 1.24% of average plan assets, above the peer median. Employer contributions averaged $1,320 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.51% to 1.24%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Connecticut (1,067th of 1,106), and 885th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$750,669
Participants with balances145
Active participants137
Employer contributions$180,907
Employee contributions$269,668
Employer contribution per active participant$1,320
Average account balance$5,177
Benefits paid to participants$11,123
Plan auditUnmodified (clean) audit opinion
AuditorGITLIN & COMPANY, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$751K · 145 accts · $181K emplr
2023$281K · 119 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,416
Total administrative$6,416
The Jarmoc Tobacco LLC 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$540
2024$1,320 per active participant
2023$933 per active participant

Jarmoc Tobacco LLC's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
DEFINITI LLC · Contract administrator$963

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$6,416 · 1.24%
2023$1,431 · 0.51%
Similar plansAgriculture, Forestry & Fishing · Connecticut
Northern Nurseries Inc. CT$13.0M · 0.15%
Prides Corner Farms, Inc. CT$9.0M · 1.08%
Clinton Nurseries Inc CT$8.4M · 0.28%
Dollins Pecan Co., Inc. TX$792K · 0.14%
Cooks Venture Poultry NJ$757K · 0.28%
Frosty Packing Co., LLC WA$752K · 0.43%
Quick Holdings, LLC CO$746K · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061637234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.